Walmart Retail Center

1432 Austin Highway, San Antonio, TX

$6,510,000 For Sale
Property

Details

1432 Austin Highway,
San Antonio, TX
$6,510,000
  • Status For Sale
  • Lease Type NNN
  • Cap Rate 7.3%
  • Building Size 26595 SQ. FT
Interested Request OM
Property

Highlights

» Outparcel to Walmart Supercenter

» 75% Leased | All Triple Net Leases

» Tenant Mix of National, Regional, and Local Retailers

» Ideal, Low-Management Investment in a State With No Income Tax

» Rental Increases on 90% of the Leases in Place

» Strong Average Traffic Count Exceeding 19,300 VPD

» High Population | Over 90,867 Residents in 3-Mile Radius

» Affluent Community | $93,202 AHHI in 3-Mile Radius

» Walking Distance From Walmart, Chick-fil-A, Wendy’s, Raising Cane’s, Panda Express, McDonald’s

» Nearby Retailers Include Target, Ross, Gold’s Gym, HEB, and More.

» Less Than 4 Miles From H-E-B Meat Plant and H-E-B Distribution Center

» Less Than 3 Miles From The Quarry Golf Course

» Close Proximity to Interstate 410 With Over 200,000 VPD

» Close Proximity to Interstate 35 With Over 183,000 VPD

» Upside in Several Below-Market Leases With Short Term Expirations

» Ample Parking | Over 144 Spaces

» San Antonio Is a Top Tourist Destination | 37 Million Visitors Annually

» San Antonio Provides an Economic Impact of $16.2 Billion